Saratoga Resources, Inc

[wilmawatts]

Saratoga Resources, Inc., an oil and gas exploration and production company, has appointed John Ebert as vice president of finance and business development.

Mr Ebert joined the Company in August 2013 in a business development capacity to strengthen the Company's asset evaluation capabilities and to advise management on the valuation and financing of accretive acquisition opportunities and, since joining the Company, has played an integral role in each of those areas as well as in the Company's corporate finance functions. Mr Ebert has more than 22 years of industry experience in finance, business development and reservoir engineering with a focus in the Gulf Coast region. Included in his broad experience, Mr Ebert has served in production engineering and reservoir engineering roles, among others, with Marathon Oil and Halliburton Energy Services, and adding the role of vice president of Finance at Woodside Energy (USA). Mr Ebert also has energy industry lending experience, serving as a member of the Energy Lending Group, and vice president, of Hibernia National Bank. Thomas Cooke, Chairman and CEO, stated, "John has been a valuable addition to our team and we are pleased to expand his role to lead our overall corporate finance function. John's background as a petroleum engineer with broad experience both within our industry and in the banking industry make him well suited to his new expanded role."

[wilmawatts]

"We don't need no stinking accountant to run our finances, we will use a reservoir engineer."

Quote that did not appear in the press release. Sadly, I like the idea

[dan_s]

I've met John somewhere before. SARA needs something to jack up production to a level that justifies being public. Maybe an acquisition will do it, but they need funding.

[davidc257]

Why a 23% jump on Valentine's day?

[dan_s]

Up on big volume but no public news. It would be nice if they report a good well.